Post
Topic
Board Trading Discussion
Topic OP
Binance vs Coinbase Pro
by
emd023
on 20/04/2020, 16:53:42 UTC
Hello. I am having a hard time understanding why anyone would use Coinbase Pro for trading compared to Binance. What am I missing?

Coinbase Pro's fees are 0.5% for transactions below $10k. Binance charges 0.1%, or 0.075% if you have BNB. So if you made a $5,000 trade you would pay a $25 fee on Coinbase Pro and a $3.75 fee on Binance. What am I missing here? Why would anyone trade on Coinebase over Binance? How can they be competitive charges such high fees? Thanks.